rukawa Posted December 1, 2016 Share Posted December 1, 2016 Regarding health. Healthy people always like to say "exercise and eat right" and you'll never have a problem. Time and chance happen to us all. I've experienced fluke health events that are both serious and supposedly impossible for a healthy person who runs daily, is thin, and eats right. My wife claims that if I wasn't so in shape what I'd experienced probably would have killed me, maybe that's true as well. In life there is no A/B testing. The assumption here being that the health care is what will save you in case of these fluke events. But healthcare often does nothing and sometimes even kills you. The number of iatrogenic deaths (death due to medical error) is something like 200,000 a year. For some context the number of people who die in car accidents is 35,000 a year. Some interesting graphs: Life expectancy vs GDP per capita Life expectancy vs total health spending per capita Life expectancy vs number of doctors per capita Observe that health care spending varies over 1 full order of magnitude and yet life expectancies are flat beyond a very low level of health spending. And physicians per capita varies over a factor of 5 and lifespans are mostly flat to even decreasing beyond 1 physician per 1000 people (US has 2.7 doctors per 10000, Russian has 4.3 doctors per 10000). Costa Rica spends one tenth what the US spends on health care, they have half the doctors per capita and they life slightly longer. Link to comment Share on other sites More sharing options...
BargainValueHunter Posted December 1, 2016 Share Posted December 1, 2016 The first question is: Do you want to retire in Manhattan or Mississippi? The answer to that will dictate your necessary income. Retire in Mississippi and, with the money you save on rent, you can travel to Manhattan once a month for an extended weekend and still save on your taxes! Disclosure: I've lived in both. "Live in low CoL place and visit high CoL place often" is certainly my retirement plan! Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted December 1, 2016 Share Posted December 1, 2016 The first question is: Do you want to retire in Manhattan or Mississippi? The answer to that will dictate your necessary income. Retire in Mississippi and, with the money you save on rent, you can travel to Manhattan once a month for an extended weekend and still save on your taxes! Disclosure: I've lived in both. "Live in low CoL place and visit high CoL place often" is certainly my retirement plan! Mine too. Link to comment Share on other sites More sharing options...
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